Community Health Stock Forecast - Daily Balance Of Power
| CYH Stock | USD 3.65 0.10 2.67% |
Community Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Community Health's historical fundamentals, such as revenue growth or operating cash flow patterns.
Community |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.04) | (0.32) |
| Check Community Health Volatility | Backtest Community Health | Trend Details |
Community Health Trading Date Momentum
| On September 03 2024 Community Health Systems was traded for 5.37 at the closing time. Highest Community Health's price during the trading hours was 5.61 and the lowest price during the day was 5.36 . The net volume was 1.6 M. The overall trading history on the 3rd of September contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.47% . The overall trading delta to current price is 2.20% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Community Health to competition |
Other Forecasting Options for Community Health
For every potential investor in Community, whether a beginner or expert, Community Health's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Community Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Community. Basic forecasting techniques help filter out the noise by identifying Community Health's price trends.Community Health Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Community Health stock to make a market-neutral strategy. Peer analysis of Community Health could also be used in its relative valuation, which is a method of valuing Community Health by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Community Health Systems Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Community Health's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Community Health's current price.| Cycle Indicators | ||
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| Volume Indicators |
Community Health Market Strength Events
Market strength indicators help investors to evaluate how Community Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Community Health shares will generate the highest return on investment. By undertsting and applying Community Health stock market strength indicators, traders can identify Community Health Systems entry and exit signals to maximize returns.
| Accumulation Distribution | 154906.0 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 3.58 | |||
| Day Typical Price | 3.6 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | (0.10) |
Community Health Risk Indicators
The analysis of Community Health's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Community Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting community stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.83 | |||
| Standard Deviation | 4.24 | |||
| Variance | 17.94 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Community Health Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Community Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Community Health Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Community Health Systems Stock:Check out Historical Fundamental Analysis of Community Health to cross-verify your projections. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Community Health. If investors know Community will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Community Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.89) | Earnings Share (3.02) | Revenue Per Share 95.314 | Quarterly Revenue Growth 0.001 | Return On Assets 0.0353 |
The market value of Community Health Systems is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community Health's value that differs from its market value or its book value, called intrinsic value, which is Community Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Community Health's market value can be influenced by many factors that don't directly affect Community Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Community Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.